Corazon Mining Ltd T.CZN

Primary Symbol: CRZNF

Metals & Mining Industrial Metals & Minerals

Corazon Mining Limited is an Australia-based mineral resource and exploration company. The Company is an explorer advancing the Lynn Lake Nickel-Copper-Cobalt Sulfide Project in Manitoba, Canada, as well as the Mt Gilmore cobalt-copper-gold (Mt Gilmore) and Miriam nickel Sulfide projects (Miriam) in Australia. The Lynn Lake Nickel-Copper-Cobalt Sulfide Project is a significant Class-1 nickel resource. The Mt Gilmore Project is located 35 kilometers from the city of Grafton in north-eastern New South Wales. The Company owns an 80% interest in Mt Gilmore. Mt Gilmore is focused on multiple rare, cobalt-rich sulfide deposits, similar to Cobalt Ridge. The Miriam comprises five Prospecting License applications (P15/6135 to P15/6139 inclusive) and is located approximately 10 kilometers south-southwest of Coolgardie on an ultramafic trend, which hosts Auroch Minerals’ Miriam and Nepean Nickel Deposits.

OTCPK:CRZNF - Post by User

Corazon Mining Ltd

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Comment by bilarooon Sep 13, 2014 11:22am

214 Views

Post# 22933419

RE:RE:Friday's Chart

I was in Baffinland. One of their consultants took a run at them and drove the price up. Then Arcelor Mittal got in the game and a bidding war ensued. It eventually was sold to AM for $1.50 a share. I got out at $1.20 because I got scared that what the consultant was doing was illegal and afraid my money would be tied up for years in litigation. But the deal went through. There was indeed a lawsuit afterwards which was recently resolved. Result no wrongdoing. The thought has crossed my mind that the recent volume might be the precurser to a similar event. There have been a lot of people looking at the dataroom lately what with the various optimization studies. I would gladly take $1.50 right now. $1.20 wouldn't be bad either.

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